THE MIDDLE EAST’S

29. Masria Digital Payments (MDP)

Description: Card issuing & processing solutions
Headquarters: Egypt
Date of Establishment: 2003
CEO: Ahmed Nafie

MDP provides card issuing, processing, and digital solutions to more than 200 banks and 60 fintechs in over 40 countries across MENA, Africa, and Eastern Europe. It enables businesses to roll out their financial solutions with its end-to-end payment infrastructure and solutions suite, offering personalized card production, payment processing, and digital and VAS payment solutions. MDP has issued more than 340 million cards, with more than 35 million cards in 2023 alone. It processed over 2.5 million cards in 2023. Its customer portfolio includes CIB, National Bank of Egypt, Abu Dhabi Islamic Bank-Egypt, Banque Misr, First Abu Dhabi Bank Misr, Fawry, and Klivvr.